Sustainability Strategy
We are committed to always aligning our business model and processes with the requirements of sustainability as it relates to ESG. This focus is crucial to our future success. We therefore continuously implement targeted measures and strategies to promote sustainability aspects in all areas of the bank and align our business activities with our guidelines.
HCOB’s Guiding Principles on Sustainability
The guidelines provide us with orientation for sustainable business activities. At the same time, they support our employees in their decision-making processes.
We have anchored sustainability in our strategy and governance. Our Management Board leads with accountability, ensuring that ESG is integral to our business decisions, meaning managing risks properly while understanding ESG as an opportunity.
We see the necessity to actively support our clients in transitioning to more sustainable business models – offering expertise, financing, and long-term partnership for positive impact, increased resilience and shared success.
As a signatory of the UN Principles for Responsible Banking, we have committed to the Paris Agreement and therefore aim to achieve net zero emissions in 2050 for both our portfolio and operational carbon footprint.
Our employees are key to delivering on our sustainability goals. We promote a diverse and inclusive work culture. By actively engaging with local communities, we take on responsibility towards society.
Decarbonisation targets
Discover our decarbonisation targets for the portfolio and how we are reducing the CO2 intensity in our relevant business areas.
We also implement ESG measures when financing the various asset classes.
ESG measures are highly relevant to our daily internal business processes.
We expect a lot of ourselves when it comes to sustainability. That is why we raise awareness of the topic on an ongoing basis and have our own performance assessed by renowned sustainability organisations.